Short Interest in Butler National (OTCMKTS:BUKS) Expands By 90.3%

Butler National (OTCMKTS:BUKS) was the recipient of a significant growth in short interest in April. As of April 15th, there was short interest totaling 30,443 shares, a growth of 90.3% from the March 31st total of 16,000 shares. Based on an average daily trading volume, of 59,482 shares, the days-to-cover ratio is presently 0.5 days. Approximately 0.0% of the shares of the stock are sold short.

Butler National Price Performance

BUKS stock opened at $4.07 on Monday. Butler National has a one year low of $1.30 and a one year high of $4.19. The company’s fifty day moving average price is $3.65 and its 200-day moving average price is $3.03. The company has a debt-to-equity ratio of 0.34, a quick ratio of 1.54 and a current ratio of 1.88. The company has a market capitalization of $325.96 million, a PE ratio of 13.58 and a beta of 0.14.

Butler National (OTCMKTS:BUKS) last released its earnings results on Thursday, March 12th. The company reported $0.10 EPS for the quarter. Butler National had a net margin of 21.45% and a return on equity of 28.47%. The firm had revenue of $26.91 million for the quarter.

About Butler National

Butler National Corporation, together with its subsidiaries, designs, engineers, manufactures, sells, integrates, installs, repairs, modifies, overhauls, services, and distributes a portfolio of aerostructures, aircraft components, avionics, accessories, subassemblies, and systems in North America, Europe, the Middle East, Asia, and internationally. It operates through two segments, Aerospace Products and Professional Services. The Aerospace Products segment provides aircraft modifications to business-size aircraft, which include passenger-to-freighter configuration, radar systems, addition of aerial photography capabilities, search and rescue, environmental research, mapping, intelligence surveillance reconnaissance modifications, and stability enhancing modifications for Learjet, Beechcraft, and Cessna aircraft along with other specialized modifications.